In this position, you will integrate a variety of actuarial issues and insurance principles in support of the pricing, reserving, financial reporting and underwriting functions for our Worker's Compensation (WC) and Property and Auto Liability (PAL) lines of coverage. You will be responsible for a wide range of projects in support of these lines of coverage and you will need to execute sound judgment in the selection of key project assumptions.
Support the pricing strategy of WC and PAL lines of business, including performing captive pricing analyses, providing pricing model support, researching industry trends, preparing collateral analyses and effectively communicating results to our business partners.
Complete loss reserve analyses for various WC and PAL lines of coverage and effectively communicate assumptions, trends, selections and insights to management; research new actuarial methodologies to incorporate into analyses; produce monthly/quarterly/annual management information and statutory financial reports and provide analysis to management.
Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.
Four or more years of property and casualty, life or disability actuarial experience
Strong computer skills in Microsoft Access and Excel
Experience using Microsoft SQL and Visual Basic is a plus
Demonstrated success managing projects with minimal supervision will be needed
Ability to effectively communicate with contacts outside of the actuarial field is required
BS in Actuarial Science, Mathematics, or related field is required
Minimum of three completed actuarial exams and active participation in the CAS exam track is essential
PMA Insurance Group